Finanshels partners with the Founder Institute to support UAE startups by providing financial literacy, resources, and tailored mentorship. Together, they aim to drive startup success with tools to assess financial health, gain strategic insights, and make informed decisions for growth.
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A fintech provider on a mission to simplify finances for founders, has announced its partnership with the Founder Institute, the world’s largest pre-seed startup accelerator. This collaboration is set to empower entrepreneurs across the Middle East, particularly in the UAE, by providing them with the financial tools, mentorship, and resources needed to scale and sustain their businesses.
Through this partnership, Finanshels brings its expertise in managing finances to complement the Founder Institute’s structured, supportive programs designed to guide entrepreneurs from idea to execution. Together, they aim to help founders build sustainable businesses by offering solutions that enhance financial literacy and affordable financial management. The partnership addresses common challenges that startups face, such as cash flow management and financial planning, by providing real-time insights and expert guidance.
Key Initiatives to Support Startup Growth:
- Regional and Scaling Cohorts – Tailored support for startups expanding within the Middle East.
- Mentorship Programs – One-on-one mentorship aimed at enhancing financial literacy and business strategies.
- Startup Finance Awareness Sessions – Educational workshops covering essential topics like financial management, cash flow optimization, and investment readiness.
The partnership, formalized on 13 October 2024, comes at a pivotal time when startups and financial innovation are booming in the Middle East. Startups with global ambitions can leverage Finanshels’ innovative solutions to track key performance indicators (KPIs) and manage their finances in real-time effectively, avoiding common pitfalls of poor financial health and making proactive decisions for growth.
"We are thrilled to partner with the Founder Institute to support the next wave of innovators in the UAE and across the Middle East," said Shafeekh, Founder & CEO of Finanshels. "At Finanshels, we’ve seen firsthand how critical financial management is to the success of startups. Through this collaboration, we aim to equip founders with the tools they need to understand their financial health and make smart decisions that drive growth."
Sameer Sortur, Managing Director - GCC & India at the Founder Institute, quoted, "Our mission is to empower motivated individuals to build meaningful businesses, irrespective of their background or financial status. Partnering with Finanshels enables Founder Institute to equip founders with the essential financial expertise to create sustainable, scalable & global startups with a keen eye on revenues and governance.”
This partnership marks an important step in fostering the region's startup ecosystem by addressing a major cause of startup failure—poor financial management—and providing entrepreneurs with the support they need to succeed.
For more information on Finanshels and its latest initiative, visit Finanshels.com
About Finanshels
Finanshels is a UAE-based fintech company committed to simplifying financial management for startups and businesses. It offers a range of solutions, including bookkeeping, tax filing, and financial operations services, all designed to help businesses make data-driven financial decisions.
About Founder Institute
The Founder Institute is the world’s largest pre-seed startup accelerator, dedicated to helping motivated individuals launch enduring technology companies. Through a structured, supportive process, it has assisted in the creation of thousands of successful companies worldwide.
Contact Info:
Name: Muhammad Shafeekh
Email: Send Email
Organization: Finanshels
Phone: +971 4871019
Website: https://www.finanshels.com/
Release ID: 89145304
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